 What's up everybody it's Stas here welcome back to another video so in this video we're going to be doing an overall market update taking a look at the Dow Jones the S&P 500 and the Nasdaq we're also going to be doing a trading update talking about what I did in the markets today as well some stocks need TS that I'm watching right now and looking to trade as we're getting closer into the middle of this month here in October in 2019 and as you guys read in the title I'm also going to be giving you my thoughts and my opinion on whether or not we're seeing any stock market manipulation right now believe it or not I've been getting this question a lot in my personal DM either on Instagram Twitter or Discord so I figured why not make a video on it talk about it so if you do want to see my opinion on that stick in this video in a couple of minutes I'll go over it so if you enjoy this video if you find any value in this video all I ask is you go down below smash that like button and consider subscribing if you do want to see further content about the stock market both trading and investing and as always our free discord group chat and our free Facebook group those are linked down below as well as my personal Instagram so without further ado let's get into it guys starting off with the SPX we have some interesting things to talk about today so the S&P was up $18.73 at the close today up 0.64% and we all know that we had some big big big negotiations today between the US and China right and we got a tweet this morning which kind of ties into the title is the stock market being manipulated from our president from the US president Donald Trump and let me read you this tweet guys big day of negotiations with China they want to make a deal but do I I meet with the vice president tomorrow at or rather the vice premier tomorrow at the White House so he's pretty much saying that he wants to come to a deal right or China wants to come to a deal but does he does president Trump want to come to a deal so this was kind of good news in terms of optimism into the stock market and what happened guys this morning if we go to the one day one minute you guys can see that this was a bit of manipulation right again this kind of ties to the title of this video this tweet was sent out at 9 49 am and if you guys look here right around that 9 49 am you guys can see it the market skyrocketed right we opened up at 29 20 then all of a sudden we skyrocketed all the way up to 29 50 within an hour and 45 minutes and from there we were kind of flat and kind of descending for the rest of the day but we still ended up closing up again 18 points from the close of the market yesterday so nonetheless we saw a bit of manipulation this morning we got that tweet and I feel like Trump has been doing this in the past where he goes on Twitter he tweets you know trade negotiations are going well a deal is coming soon all this optimism just to pump up the market because he knows that the stock market hates uncertainty what do you hate what do I hate uncertainty right that's what people hate and that drives the market down when there are these worries surrounding trade right so if we go back to this 20 day chart or actually we didn't go to it in the first place so if we look at it now for the first time you guys can see we still technically closed on a downswing here right lower high from the previous we're still trending below that 180 SMA so this is actually a positive sign for these bears out here right these bears their hopes are still alive because they're not really the candles aren't breaking out here they're not breaking above moving averages which would be very good for the bulls but again they're trending down here with hopes alive of still reaching that lower low which would obviously constitute the continuation of this downtrend here so if we go out to the 184 hour very quickly to look at some levels to watch out for this is a prominent level right now 29 20 29 15 this is a level to watch as a support resistance right now 29 50 right we can see again if we go back to that one day one minute we got rejected there at about 1115 a.m eastern standard which is again a good sign for these bears because if we zoom back out that is a resistance right so if we end up breaking 29 20 we may be going back down to test 28 80 this is a level of watch another one is 28 50 and so forth is 28 10 is the next one and so on right 27 37 here so that if that ended up happening guys if trade started to get rocky which I think it could we'll go over some specs here on my phone on a couple of minutes about the trade what happened today which is a good sign but let's say this doesn't end up happening let's say things get rocky we could end up going down and that would complete this right shoulder that we've been talking about in this overall head and shoulders pattern that I'm seeing here on the S&P 500 right so if we go to the Dow Jones industrial average here guys up 150 points up 0.57 percent we closed under a key level of resistance which is 26600 dollars right we're trending below that and above the level of support at around 26200 and if we go to the one day one minute you guys can see same thing with the S&P the second trump tweeted that the second the markets rocked up like crazy right the markets were like a rocket here from 26 three we went all the way up to that 26 six level of resistance that we talked about on the four hour chart and from there we ended up closing on a downswing which if we go to the 20 day one hour you guys can see lower high from the previous and under that 180 S&A as well as that 26 six level of resistance so in this at this point in time guys um I think the bulls are still in charge although if you look at the futures here we're actually spiking up after hours on the one day one minute you guys can see so this could end up changing the trend if this carries on into tomorrow um because trump is speaking tomorrow and again he's meeting with the vice premier which could end up causing either optimism or a lot of pessimism in the market which obviously we have to wait and see what that does but the fact that the futures are up now that it's a that's a decent sign for these bulls but overall at the close of the market again like we saw this is still looking like the bears are in charge in my personal opinion right so those are just some levels on the doubt to watch out for if we get lower here of course 25 6 is 1 again we talked about 25 9 um 25 3 these are all levels that if we break all of these that would be the completion of the overall head and shoulder pattern that I'm seeing here on the Dow Jones right so the NASDAQ today had a very good day right up 1.16 percent up 90 points and I think this does include the little run up that we've seen after market hours but anyway it was up around 1% right let's just say it was up around 1.16 is what we've been seeing in the after a market hour spike here but overall to be honest this is looking a bit bullish in my eyes and let me explain to you guys why take a look at this trend line that I just drew out you can see we're making higher lows on the NASDAQ in this time period right here of a couple of months we made higher highs for a good amount of time here we had an overall pullback that lasted about a month up until now we're finally breaking out again we're breaking out well we already did break out of that 50 SMA and now we're starting to break out of this 180 SMA and we're looking to go up and test 78 30 which is a prominent level of resistance right now so the fact that we are breaking these moving averages guys this is looking very bullish and especially if we start to break into the 7800 range again that is going to be interesting right you know if if tech does well obviously let's say they do come into a trade deal miraculously in the next couple of weeks this can send this market flying right that's the one thing if they do come to a trade agreement the market could go flying and obviously 90% of you guys already know that and if we look on the one hour on the NQ you can see it even more right higher low breakout above moving averages looking to test 78 30 this is looking bullish in my opinion while the S&P and the Dow didn't look so bullish right so that is the overall market update in terms of the three major indexes let me know down below in the comments what are your thoughts about that and let's quickly go over my thoughts on whether or not the stock market is manipulated in terms of you know media and president trump tweeting things and really trying to pump optimism into the stock market right i'm not really focusing on if funds are being funneled and pumping into the market a lot of you guys would argue that that is happening and honestly i'm just focusing on whether or not trump here is pumping up the market and i think he is right we saw in the beginning of this video how the SPX and we've seen this again like i mentioned multiple times the S&P skyrocketed on one tweet right trump literally has the stock market at this point in his hands on twitter he can tweet anything if he tweets something negative like we've seen in the past tariffs are being slapped right we're putting 15 20 25 percent on these chinese goods we've seen the market plunge because of that so at this point i really think that he can definitely in the media in general could definitely manipulate this market to go into the upwards direction especially with pumping optimism as we've been seeing over these past couple of days around trade because like i mentioned earlier in this video trade is the number one uncertainty right now in the global economy and of course in the stock market that's weighing on investors and traders so long story short guys i do think the stock market's manipulated um you know to an extent i definitely think it is manipulated and one more thing to mention here before we do go into the trading update of today's video some positive things that could have also been a catalyst to the market today right the uh myron brilliant the executive vice president and head of international affairs at the chamber of commerce told reporters on thursday that he was hopeful that a limited arrangement stopping a planned tariff increase on october 15th would emerge from this week's meetings a limited deal would include the concessions that china has made to the united states including an agreement on currency the report said the white house could also contemplate removing the threat of additional tariffs that are slated to be imposed in december or scale back some of the tariffs it has already levied on more than 360 billion dollars of chinese goods so this is a good sign if we start to see some tariffs being pulled away that is a legit you know this is not just trump pumping optimism to the market if we're seeing tariffs being pulled away that's actually a legit reason for the markets to go up so i figured i'd throw that in this video let me know what you guys think about that down below in the comment section and let's talk about what i did today in the market so if you guys watched yesterday's video it was a video on you guys and how i think right now natural gas in the short term as production and supply is increasing right now with all these injections i think in the short term natural gas has more downside and today you guys saw how natural gas was falling and went all the way down to that 220 level that we talked about in yesterday's video right this ended up playing out beautifully and let me show you guys and you guys know at this point whenever natural gas is going down de gas is going up so let me show you guys the one day one minute on ng you can see pretty much ever since this morning we were straight up down trending after some consolidation here in the first couple of hours of the market today well actually most of pre-market and into the market open today and then we ended up seeing that dump and this is actually where i took advantage of de gas which again guys i called this out in yesterday's video i said when natural gas was at 225 yesterday there's a lot of downwards pressure because of everything going on with the inventory in terms of natural gas and when you have this data when you have this thesis in your head and you execute on it that is how it kind of works at the end of the day right that's exactly what i ended up doing so i started to see the big dump today especially after the report at 10 30 a.m. and that triggered me getting into a position in de gas that's just how it went honestly guys once you know 10 30 hit i saw this massive bull run you know bullish move rather in de gas break above moving averages pull down hold on moving averages as support this is where i ended up getting in at around 150 i think it was like 150 dollars and 24 cents then i ended up riding it for about an hour a little bit less than an hour i think it was up to about 153 dollars roughly and if you guys look on a percentage basis that's a pretty good trade there of about 1.7 i think it was like 1.6 1.7 percent on de gas so honestly guys that was good and this is the awesome thing about these inverse ETFs because my thesis again is that natural gas is going to have short term downsides so i can play de gas again which goes up when natural gas goes up but ultimately in two three weeks i think natural gas is going to start to climb back up right i think you guys is going to be a play heading into the month of november which i'll just flip to that when i want to ride the bull run on natural gas and that's the awesome thing about these you know inverse ETFs and going back to natural gas might as well break down you know the stocks and ETFs that i'm watching now you guys can see 220 here is that level of support that i'm watching but if we break that that could be a massive drop down in the 210 to around 212 range which is this support level that we were hovering around during the july to august months of 2019 right this is the next zone that we'll get down to but if we do get down here guys that's going to be a very extremely oversold natural gas and that could even open up a lot more window on you guys for those of you guys that are very very sure for those of you guys that are convinced that there is going to be a natural gas bull run here in the next couple of excuse me weeks so 212 205 is another one i don't know if we'll get down there at this point but hey anything is possible these are just levels to watch and i always recommend drawing out lines supports resistances so you it helps you guys at the end of the day it helps you with price action understanding where stocks ETFs futures could potentially go and at the end of the day that's the whole purpose of think or swim right and if you guys by the way want to see a think or swim tutorial there's one linked down below in the description it's around 20 25 minutes but you'll get the basic understanding of how to use this platform to really execute your trades and do well in the market indicators all stuff like that so overall that's what i'm watching in terms of natural gas what i did today in terms of trading let's talk about gold here very quickly guys slash gc gold is still looking a bit bearish at this point right this is looking like it wants to make the rundown to 1465 and at this point let's say trade talks go well tomorrow we're going to see trump speak we all know there's going to be something said we're going to get some news let's say this is positive news stock market rises again this is not going to be good for gold because typically gold moves inversely to the stock market you guys saw the market do very well today well gold did not do very well it was down 14 points down almost 1 percent we got rejected by that 180 s ma we broke that 50 s ma here on the four hour chart now we're looking to test 1495 which is actually the first level of support not 1465 my fault there guys but if we break 1495 we will be going straight down to 1465 maybe do something like this and guys what is that pattern i'm thinking that's a head and shoulder right that is kind of a weird looking head and shoulder in a way if we do end up going down to 1460 and especially if we break that because you can see the left shoulder the head the right shoulder at this point that could end up happening here on the the the hypothetical situation that these markets do go up let's say in the flip side markets dump we break above moving averages that's going to be bullish for gold right and what do we trade that trades on gold we trade jdst and jnug which are two inverse ETFs they trade based upon gdx right gdx all it is it's a gold miners ETF it trades based upon gold whenever gdx is going down jdst is going up at a 3x rate which if the market skyrocket here guys tomorrow let's say for example jdst is a prime candidate to do well if a gold does end up dumping and if the flip side happens markets stock market in general s and p nasdaq dow let's say that dumps gold ends up flying gdx ends up flying jnug is going to be what is worth watching which at this point guys if we're breaking down jnug it's looking pretty bearish which is why we need that massive push in gold to lift this one at this point you know it's still making lower highs no doubt about it we made a lower low it's still down trending at this point right we need to see some severe price action push into the $70 range into the low 70s in my opinion into the mid 70s um at this point before i i would consider buying this and you know to be honest but in the meantime i i considers uh you know day trading in and out of jdst and jnug as gold is a bit volatile right so some others that are looking good right now apple guys has been killing it recently right we pulled down 50 sma jump we hit an all time high today i think three year one week chart yep we hit an all time high today at 230 44 apple is looking strong guys so at this point this one could be a potential swing if we pull down and retest that moving average 50 sma on this four hour chart maybe at a 225 entry maybe 226 entry that's kind of what i'm watching here on apple if that happens we get the pull back and then again earnings are coming up so that is a bit risky that isn't 20 days um from now so i think we might have time to swing it before then but if we get to pull down our side pulls down this could end up being a decent entry point i'm thinking roku guys has caught on fire yet again not today today it was down about two bucks but yesterday i don't think i talked about it in the video but yesterday it went crazy from 112 all the way up to around 117 if we go back to that 184 hour guys at this point we're overbought our size overextended if we get the pull down retest at 112 which i think is extremely possible this could be a good entry before if we fill up the gap up to 128 right not saying it's going to happen but let's say we get the pull down support and start to pop up at that point hey it might be a possibility that it does fill the gap up which could be a very awesome gain of around 12 to 13 percent so i'm watching roku watching apple tesla still at that sticking point at 245 looking for this to fill the gap up to 260 to be honest with you guys uwt is another one worth watching here we're playing around with that 50 sma holding 850 strong running up into the 10s now if crude oil continues this little rally that it's seeing right uwt could do very well and you guys can see if we stretch this out a bit this could be a very good play for tomorrow honestly guys you can see crude oil does that potential to fill up to 54 50 54 60 which again if that does fill that up uwt is going to be doing very very well and of course flip side we run up get rejected start to dump dwt which is the inverse to uwt is what i'm going to be looking to trade so that's pretty much it for today's video guys i'm going to wrap it up here let me know your thoughts on the stock market whether or not you think the stock market's being manipulated i'd love to know what you guys have to think about that and if you enjoyed this video if you found value in this video feel free to go down below hit that like button consider subscribing and join our straff smart discord group jack guys don't forget to do that join the facebook group follow me on instagram there's going to be a giveaway there in a little bit i promise you guys will find a ton of value in all of those communities so i'll catch you all in the next video thanks again for watching peace out